Chairman, Non-Executive and Non-Independent Director
Mr Panote is the Chairman of the Board. He has been appointed as a Non-Executive and Non-Independent Director of the Managers since 10 June 2014.
He is Group Chief Executive Officer of Frasers Property Limited. He serves on the boards of various listed companies in Singapore and Thailand, including Frasers Property (Thailand) Public Company Limited (formerly known as Ticon Industrial Connection Public Company Limited), Thai Beverage Public Company Limited and Univentures Public Company Limited, as well as private companies such as InterBev (Singapore) Limited, International Beverage Holdings (China) Limited, International Beverage Holdings Limited, International Beverage Holdings (UK) Limited, Golden Land Property Development Public Company Limited, Beer Thip Brewery (1991) Co., Ltd, Sura Bangyikhan Group of Companies, Blairmhor Limited and Blairmhor Distillers Limited.
Mr Panote is also a member of the Singapore Management University's Board of Trustees and the REDAS' (Real Estate Developers' Association of Singapore) Management Committee.
Mr Panote obtained a Bachelor of Science in Manufacturing Engineering from Boston University (USA) in 2000, a Master of Science in Analysis, Design and Management of Information Systems from the London School of Economics and Political Science (UK) in 2005, and a Certificate in Industrial Engineering and Economics from Massachusetts University (USA) in 1997.
Non-Executive and Lead Independent Director
Mr Soong is a Non-Executive and Lead Independent Director of the Managers.
He has extensive experience in the investment and asset management of real estate. He retired from GIC Real Estate in 2016 where he was Managing Director (Deputy Head Asia) from 2006 to 2013 and Managing Director (London) from 2013 to 2016. He was responsible for real estate investment and asset management of its portfolio which covered global markets and a diverse range of risk-return profiles, including all sectors of direct property, private and public companies, and real estate funds.
Prior to GIC Real Estate, Mr Soong was with Pidemco Land/CapitaLand from 1998 to 2006 where he held various senior appointments such as Country and Managing Director for London, Deputy CEO of CapitaLand Commercial, CEO of CapitaLand Commercial Trust, and CEO (New Markets) of CapitaLand Residential.
His employment in the early days of his career included stints as a valuer at DBS Land, in asset management at Richard Ellis and in real estate investment and asset management in USA and South-East Asia at GIC Real Estate.
Mr Soong currently sits on the Board of Keppel Pacific Oak US REIT Management Pte. Ltd. and Metro Holdings Limited. He was formerly a director of Mercatus Co-operative Limited and a Board member of Mercatus Strategic Investment Management LLP.
He has a Bachelor of Science (Honours) Degree in Estate Management and a Master of Business Administration, both from the National University of Singapore.
Non-Executive and Independent Director
Mr Liew has been appointed as a Non-Executive and Independent Director of the Managers since 10 June 2014.
He was with Ernst & Young from 1979 to 2013. He was an accountant from November 1979 to June 1990 and was made a partner of the firm in July 1990. He was the Audit Partner in charge of some of the significant clients of Ernst & Young in the real estate, banking, media, hospitality and retail industries until his retirement from the firm in March 2013. He headed Ernst & Young Singapore’s Real Estate Industry Group and represented the firm in the E&Y Global Real Estate Group.
Mr Liew currently sits on the board of Halcyon Agri Corporation Ltd, F J Benjamin Holdings Ltd and The Hour Glass Limited. He was previously Chairman of Internal Audit Committee of Kuok (Singapore) Ltd.
He is a fellow of The Association of Chartered Certified Accountants. He is also a Chartered Accountant of Singapore.
Non-Executive and Independent Director
Mr Sivaram is a Non-Executive and Independent Director of the Managers.
He retired from Ernst & Young (“EY”) Singapore in June 2019 as Assurance Partner, after 35 years with the firm. During his tenure, he served in various roles, principally in audit or assurance.
Mr Sivaram’s audit experience included the audit of listed companies and multinationals in the food and beverage, logistics and real estate industries. His business advisory experience encompassed financial due diligence work for EY’s Transaction Advisory Services Group. As Technical Partner for many years, he advised other partners on complex accounting and auditing issues, conducted training, and set policies relating to risk management for the assurance practice of the firm.
Mr Sivaram is a Board Member and the Audit Committee Chairman of the Land Transport Authority. He serves on the Board of Singapore Institute of Technology, G.K. Goh Holdings Limited, ESR-LOGOS Funds Management (S) Limited and British and Malayan Holdings Limited. In 2020, he completed three terms on the Board of the Urban Redevelopment Authority.
Previously, he was a member of the Accounting Standards Council – the standard setter in Singapore – for nine years and received the Public Service Medal (PBM) in 2018 for having served as its Deputy Chairman for several years. He was also active on the various committees of the Institute of Singapore Chartered Accountants (“ISCA”), the Accounting and Corporate Regulatory Authority and the Singapore chapter of the Institute of Chartered Accountants in England and Wales (“ICAEW”).
Mr Sivaram graduated from the University of Bombay with a Bachelor of Commerce degree and qualified as a chartered accountant in London. He remains a member of both ICAEW and ISCA.
Non-Executive and Independent Director
Dr Wong has served as a Non-Executive and Independent Director of the Managers since 10 June 2014.
Dr Wong has spent over 30 years in the banking sector and has extensive knowledge and experience in treasury and financial products. He was Deputy Chief Executive of Bank of China (Hong Kong) Group from 2008 to 2013, with overall responsibility for the financial market businesses which include Global Markets, Global Transaction Banking, Investment Management, Insurance, Asset Management and other capital market-related businesses. He was also a Director of BOC Group Life Assurance Company Limited from 2008 to 2013. Prior to joining the Group, Dr Wong was Corporate Executive Vice President and Country Executive of ABN AMRO Bank (“ABN”) and was responsible for ABN’s operations in South East Asia. He joined ABN in 1995 and held various senior positions within ABN, including Regional Head of Financial Markets, Country Executive in Singapore, and Managing Director of the Hong Kong Branch.
Previously, Dr Wong served as a board member of the Energy Market Authority and the Civil Service College in Singapore. He was also a Customer Advisory Board Member of Thomson Reuters.
Dr Wong currently sits on the board of China Merchants Bank Co., Ltd and HDR Global Trading Limited. He also serves as Chairman of Halftime Hong Kong Limited, a member of Finance Management Committee of the Hong Kong Management Association, and an independent, non-executive director of EC World Asset Management Pte Ltd.
Dr Wong graduated from the University of Singapore with a Bachelor’s Degree in Business Administration and was awarded a Master of Science degree in Investment Management by the Hong Kong University of Science and Technology. He was also awarded the Financial Industry Certified Professional by the Institute of Banking and Finance, Singapore.
Chief Executive Officer
Eric is the Chief Executive Officer (CEO) of the Managers and is responsible for the overall business, investment and operational strategies of FHT.
Eric joined the Managers in October 2018 as Designate Chief Financial Officer (CFO). Prior to his current appointment, Eric was CFO of the Managers from January 2019 to January 2023 and was responsible for FHT’s financial and capital management. He has over 25 years of experience in financial reporting, corporate finance, treasury management, audit, taxation and company secretarial matters.
Before joining FHT, Eric was CFO of OUE Hospitality REIT Management Pte. Ltd., the REIT Manager of OUE Hospitality Real Estate Investment Trust from August 2014 to September 2018. Prior to that, he was CFO of Meritus Hotels & Resorts (Hospitality Division) of OUE Limited.
Eric has extensive experience in the field of financial management. He started his professional career with international accounting firms and later moved on to public listed companies in real estate, manufacturing and food businesses, where he held key positions such as Senior Vice President, Company Secretary and CFO.
Eric is a Fellow of The Association of Chartered Certified Accountants (UK) and a member of the Institute of Singapore Chartered Accountants.
Head of Finance
Qingbin has over 15 years of experience in audit, accounting, corporate finance, tax, treasury and capital management.
Prior to his appointment as Head of Finance, he was Vice President, Finance where he assisted the Chief Financial Officer of the Managers on financial reporting, taxation and other finance related matters of FHT, FH-REIT and FH-BT.
Previously, Qingbin was Senior Vice-President of Sabana Real Estate Investment Management Pte. Ltd., the REIT Manager of Sabana Shari’ah Compliant Industrial REIT where he was responsible for the financial reporting, taxation, management reporting, treasury and capital management of the REIT. Before that, he was an audit manager at PricewaterhouseCoopers LLP.
Qingbin holds a Bachelor of Accountancy (First Class Honours) from the Nanyang Technological University and is a Chartered Accountant and a member of the Institute of Chartered Accountants of Singapore.
Head of Investment
Soon Yean leads the investment team and is responsible for sourcing, evaluating, recommending and executing acquisition and divestment transactions for FHT. He has over 30 years of experience in the real estate industry and has been with Frasers Property for the last 15 years.
During the time he was with the group, he held various senior positions, including the Head of Investment for Frasers Commercial Asset Management Ltd, the manager for Frasers Commercial Trust prior to its merger with Frasers Logistics and Industrial Trust. He was also the Head of Business Development, Frasers Property Singapore, responsible for residential and commercial land tenders and strategy for the business unit. Before joining Frasers Property, he was with a Singapore-listed property company where he undertook investment, asset management and business development work in Singapore and Malaysia.
Soon Yean holds a Bachelor of Science (Honours) in Estate Management from the National University of Singapore and an Executive Master of Science in Finance from the Zicklin School of Business, Baruch College, City University of New York. He is also a member of the Royal Institute of Chartered Surveyors..
Head of Asset Management
Caris is responsible for the asset management of FHT’s portfolio. Her role includes optimising and executing asset management strategies to improve the income for the portfolio through working with the various hotels and service residence operators. She is also responsible for identifying and implementing asset enhancement initiatives that are yield accretive.
Prior to her current appointment, Caris was Senior Manager of Business Development at Frasers Hospitality Pte. Ltd., responsible for its business development and investments across the Asia-Pacific region. Previously at Mapletree Logistics Trust Management Ltd., the manager of Mapletree Logistics Trust, she was the asset manager for a portfolio of logistics properties in Singapore and Malaysia. She started her career at City Developments Limited, focusing on property management of commercial assets.
Caris holds a Bachelor of Science (Honours) degree in Building from the National University of Singapore.
Head of Investor Relations
Sandy oversees the investor relations (IR) function of FHT and is the key point of contact for its stapled securityholders, the investment community and the media. She is also responsible for its sustainability reporting.
Sandy has over 20 years of experience in IR and corporate communications. Previously, she was Vice President of Corporate Relations at SATS Ltd, overseeing its investor and media relations functions. She also held IR positions in other public listed companies in Singapore including The Ascott Group Limited, Singapore Technologies Engineering Ltd, SembCorp Industries Ltd and Singapore Technologies Industrial Corporation Ltd.
Sandy holds a Bachelor of Business Administration degree from the National University of Singapore.
Chairman, Non-Executive and Independent Director
Mr Law has been appointed as the Chairman of the Board and a Non-Executive and Independent Director of the Managers since 10 June 2014.
He is also a director of IFS Capital Ltd, Great Eastern Holdings Ltd and Concord Insurance Company Limited.
Mr Law began his career with the Ministry of Finance in 1970 and moved on to the Monetary Authority of Singapore where he was appointed the Insurance Commissioner and Actuary in 1980. He was subsequently appointed Deputy Managing Director (Administration and Insurance) in 1988. Mr Law held the position of Managing Director and CEO of Overseas Assurance Corporation Ltd from 1992 to 2003.
Previously a member of the Central Provident Fund Board and a Director of the Inland Revenue Authority of Singapore, the Singapore Deposit Insurance Corporation and Manulife (Singapore) Pte Ltd, Mr Law was also Chairman of the Singapore Insurance Institute, and President of the Singapore Actuarial Society, the Life Insurance Association and the General Insurance Association.
Mr Law received his Bachelor of Science in Mathematics (First Class Honours) from the University of Singapore and Master of Science in Actuarial Science from the Northeastern University, Boston, USA. He qualified as a Fellow of the Society of Actuaries, USA, in 1978 and attended the Advanced Management Programme at Harvard University in 1989. Mr Law was awarded the Public Service Star (BBM) in 2001.
Non-Executive and Independent Director
Mr Chua has served as a Non-Executive and Independent Director of the Managers since 10 June 2014.
He was formerly Executive Director for finance, risk management, IT and corporate services at Wilmar International Limited, a leading agribusiness listed on the Singapore Exchange. He retired in December 2011 after serving nine years during which the group expanded its global business rapidly and had a successful public listing in 2006.
Mr Chua currently sits on the board of Temasek Life Sciences Laboratory Limited, Lu International (Singapore) Financial Asset Exchange Pte Ltd and Yihai Kerry Arawana Oils, Grains & Food Co., Ltd. Previously, he was a board member of Wilmar International Limited, Perennial Real Estate Holdings Limited, Eltech Electronics Limited, Armada Holdings Limited which is listed on the Stock Exchange of Hong Kong and Industrial Bank Co., Ltd., a Chinese commercial bank listed on the Shanghai Stock Exchange.
Mr Chua was formerly the Chief Financial Officer and Chief Risk Officer of Keppel TatLee Bank, which was merged into OCBC Bank in 2002. He joined Tat Lee Bank as Executive Vice President in 1990 and was actively involved in its merger with Keppel Bank in 1998. He left the bank in 2002 and served for a few months as chief executive officer of a property fund, China Homes Limited.
Mr Chua started his working career with the Insurance Commissioner’s Department at the Monetary Authority of Singapore in 1981. He then moved to head its Personnel Department in 1983 and the Securities Industry Department from 1987 to 1990.
Mr Chua received a Bachelor of Science (First Class Honours) degree in Mathematics from Nanyang University, Singapore and a Master of Science (Actuarial Science) degree from the Northeastern University, Boston, USA under an Asia Foundation scholarship.
Non-Executive and Independent Director
Mr Liew has been appointed as a Non-Executive and Independent Director of the Managers since 10 June 2014.
He was with Ernst & Young from 1979 to 2013. He was an accountant from November 1979 to June 1990 and was made a partner of the firm in July 1990. He was the Audit Partner in charge of some of the significant clients of Ernst & Young in the real estate, banking, media, hospitality and retail industries until his retirement from the firm in March 2013. He headed Ernst & Young Singapore’s Real Estate Industry Group and represented the firm in the E&Y Global Real Estate Group.
Mr Liew currently sits on the board of Halcyon Agri Corporation Ltd, F J Benjamin Holdings Ltd and The Hour Glass Limited. He was previously Chairman of Internal Audit Committee of Kuok (Singapore) Ltd.
He is a fellow of The Association of Chartered Certified Accountants. He is also a Chartered Accountant of Singapore.
Non-Executive and Independent Director
Dr Wong has served as a Non-Executive and Independent Director of the Managers since 10 June 2014.
Dr Wong has spent over 30 years in the banking sector and has extensive knowledge and experience in treasury and financial products. He was Deputy Chief Executive of Bank of China (Hong Kong) Group from 2008 to 2013, with overall responsibility for the financial market businesses which include Global Markets, Global Transaction Banking, Investment Management, Insurance, Asset Management and other capital market-related businesses. He was also a Director of BOC Group Life Assurance Company Limited from 2008 to 2013. Prior to joining the Group, Dr Wong was Corporate Executive Vice President and Country Executive of ABN AMRO Bank (“ABN”) and was responsible for ABN’s operations in South East Asia. He joined ABN in 1995 and held various senior positions within ABN, including Regional Head of Financial Markets, Country Executive in Singapore, and Managing Director of the Hong Kong Branch.
Previously, Dr Wong served as a board member of the Energy Market Authority and the Civil Service College in Singapore. He was also a Customer Advisory Board Member of Thomson Reuters.
Dr Wong currently sits on the board of China Merchants Bank Co., Ltd and HDR Global Trading Limited. He also serves as Chairman of Halftime Hong Kong Limited, a member of Finance Management Committee of the Hong Kong Management Association, and an independent, non-executive director of EC World Asset Management Pte Ltd.
Dr Wong graduated from the University of Singapore with a Bachelor’s Degree in Business Administration and was awarded a Master of Science degree in Investment Management by the Hong Kong University of Science and Technology. He was also awarded the Financial Industry Certified Professional by the Institute of Banking and Finance, Singapore.
Chairman, Non-Executive and Non-Independent Director
Mr Panote is the Chairman of the Board. He has been appointed as a Non-Executive and Non-Independent Director of the Managers since 10 June 2014.
He is Group Chief Executive Officer of Frasers Property Limited. He serves on the boards of various listed companies in Singapore and Thailand, including Frasers Property (Thailand) Public Company Limited (formerly known as Ticon Industrial Connection Public Company Limited), Thai Beverage Public Company Limited and Univentures Public Company Limited, as well as private companies such as InterBev (Singapore) Limited, International Beverage Holdings (China) Limited, International Beverage Holdings Limited, International Beverage Holdings (UK) Limited, Golden Land Property Development Public Company Limited, Beer Thip Brewery (1991) Co., Ltd, Sura Bangyikhan Group of Companies, Blairmhor Limited and Blairmhor Distillers Limited.
Mr Panote is also a member of the Singapore Management University's Board of Trustees and the REDAS' (Real Estate Developers' Association of Singapore) Management Committee.
Mr Panote obtained a Bachelor of Science in Manufacturing Engineering from Boston University (USA) in 2000, a Master of Science in Analysis, Design and Management of Information Systems from the London School of Economics and Political Science (UK) in 2005, and a Certificate in Industrial Engineering and Economics from Massachusetts University (USA) in 1997.
Chief Executive Officer
Eric is the Chief Executive Officer (CEO) of the Managers and is responsible for the overall business, investment and operational strategies of FHT.
Eric joined the Managers in October 2018 as Designate Chief Financial Officer (CFO). Prior to his current appointment, Eric was CFO of the Managers from January 2019 to January 2023 and was responsible for FHT’s financial and capital management. He has over 25 years of experience in financial reporting, corporate finance, treasury management, audit, taxation and company secretarial matters.
Before joining FHT, Eric was CFO of OUE Hospitality REIT Management Pte. Ltd., the REIT Manager of OUE Hospitality Real Estate Investment Trust from August 2014 to September 2018. Prior to that, he was CFO of Meritus Hotels & Resorts (Hospitality Division) of OUE Limited.
Eric has extensive experience in the field of financial management. He started his professional career with international accounting firms and later moved on to public listed companies in real estate, manufacturing and food businesses, where he held key positions such as Senior Vice President, Company Secretary and CFO.
Eric is a Fellow of The Association of Chartered Certified Accountants (UK) and a member of the Institute of Singapore Chartered Accountants.